Frequently Asked Questions

Careers

Funding your Account

Wiring Instructions

For your convenience, Siebert clients may fund their accounts in a variety of ways. Please note, however, that cash, Money orders and credit or debit card are not accepted. Currently, there is no minimum deposit required to open a Siebert account.

Checks

Personal checks must be drawn on U.S. financial institutions in U.S. dollars. We do not accept third-party checks. All checks must be made payable to MurielSiebert & Co., Inc. Please note: all checks, except those sent to establish an account, should include your account number on the face of the check.

Wire transfers typically arrive in your Siebert account the next business day. In order to fund your account by wire transfer, you must have an established account.

Send Wire Transfers To:

Bank:

Chase Bank - New York, NY

ABA#:

021000021

Account Name:

National Financial Services LLC

Account #:

066196-221

Siebert Account Name:

Customer's Name

Siebert Account #:

Customer's Account Number

$ Amount:

$

Funding by EFT for Established Accounts

You may set up your account to receive electronic funds transfer directly from your bank account. It takes about 10 business days for this link to be activated. One it is activated, you may e-mail, phone or transfer funds online in either direction. There is no charge for this service.

To establish an EFT link, please send or fax us a signed letter requesting this feature and a voided check from your bank. You will receive confirmation in the mail once the service has been set up. Please note that EFTs cannot be used to pay for your initial transaction.

You may fax the letter and a copy of the voided check to 212-486-2784, or mail it to MurielSiebert & Co., Inc. at 15 Exchange Place, Suite 800, Jersey City, NJ 07302.

Account Transfers

You may transfer an existing brokerage account to Siebert at any time. Just complete and sign our account transfer form and send it to us with a copy of your most recent brokerage statement.

DTC Transfer

Through the DTC system, assets typically arrive into your Siebert account within three business days. In order to fund your account through DTC, you must have an established account.

From:

Name of firm from which assets are being sent

Account Name:

Your account title at sending firm

Account #:

Your account # at sending firm

Security or Asset:

Amount: e.g. 1000 shares
Name: e.g. MSFTCusip #: e.g. 12345678

To:

National Financial Services LLC

DTC #:

0226

Siebert Account Name:

Your Siebert Account name

Siebert Account #:

Your Siebert Account #

Security:

e.g. 1000 shares of MSFT

1. We are not responsible for technical or access problems you may experience. Maximum commission credit: $100 per trade if brought to our attention within 30 days of execution. Does not apply to investment losses you may incur.

Electronic trading poses risk to investors due to system response, trade executions and account access availability that may vary due to a variety of factors, including trading volumes, market conditions, system performance, market data delays and other factors. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Rates, commissions and fees listed here are subject to change at any time. Testimonials may not be representative of the experience of other clients and are no
guarantee of future performance or success.